This paper presents a literature review of issues related to recent subsidies and investments in the financial sector that have been designed to address the immediate effects of the crises and to develop the financial institutions necessary to modernize agriculture. Section two of the paper discusses the impact of recent food, fuel, and financial crises on developing countries and the emergency actions taken by countries and international agencies to reduce the suffering inflicted on poor people.
This paper aims to develop a vision statement for the agricultural sector that may then guide the future investments in Chile's agricultural innovation system, A joint and shared perspective on how the sector might look and what role agricultural innovation should play in getting there is a prerequisite for any effective strategy. But developing such a vision is not only a function of what the country wants: it also depends on the context in which Chile's agricultural sector will find itself.